Retail Property (high street) for sale1 Chester Terrace
- Ground Floor Sales Extending to 46 sq m (465 sq ft)
- Close Proximity to City Centre
- One Bedroom First Floor Flat
- Would Suit a Variety of Uses (STP)
- Rent £9,000 per annum
SITUATIONThe subject property is situated in a predominantly residential area on the western outskirts of the city centre and within close proximity to the Sunderland University Campus, which has recently undergone a multi-million pound redevelopment. The subject property is situated close to Chester Road, which is a busy linear commercial street running into the city centre from the west.DESCRIPTIONThe subject property comprises of a mid terrace two storey premises, being of brick construction and situated at the bend in the centre of the terrace. The property has a pitched and tiled roof and the windows to the property in the main are of timber frame and single glazed.ACCOMMODATIONThe accommodation briefly comprises:Ground Floor ShopSales 46.00m2 (495 sq ft) FlatEntrance VestibuleLounge 4.80m x 4.24m Bedroom 3.10m x 2.35mKitchen 3.81m x 2.10mBathroom/WCTERMSThe property is available by way of a new lease for a term to be agreed on a Full Repairing and Insuring basis.RATING ASSESSMENTWe understand that the rating assessments on the premises as at 1 April 2010 is as follows, although we would advise that some of the assessments may have been the subject of appeals and any interested party should confirm the current position with the Local Authority.Description RV UBR Shop and Premises £2,150 0.462pLEGAL COSTSThe ingoing tenant is to be responsible for our clients reasonable legal costs involved in the transactionVATAll rents, premiums and purchase prices quoted herein are exclusive of vat. All offers are to be made to Bradley Hall upon this basis and where silent, offers will be deemed net of vat.VIEWINGFor general enquiries and viewing arrangements please contact sole agents Bradley Hall Chartered Surveyor.AGENTS NOTESYou may search our company website www.bradleyhall.co.uk for details of all our current instructions.In accordance with the Code of Leasing Business Premises: England and Wales the landlords are willing to consider alternative lease terms to those set out above but please bear in mind that variations may affect the level of rent proposed.A copy of the Code of Leasing Business Premises: England and Wales can be obtained at www.leasingbusinesspremises.co.uk or obtained from the Royal Institution of Chartered Surveyors, Telephone 0207 334 3806.
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